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PUBLIC SESSION AGENDA NORTH CAROLINA STATE BOARD OF CPA EXAMINERS

APRIL 24, 2017 10:00 A.M.

1101 OBERLIN ROAD RALEIGH, NC

I. Administrative Items A. Call to Order

In accordance with the State Government Ethics Act, it is the duty of every Board member to avoid both conflicts of interest and appearances of conflict. Does any Board member have any known conflict of interest or appearance of conflict with respect to any matters coming before the Board today? If so, please identify the conflict or appearance of conflict and refrain from any undue participation in the particular matter involved.

B. Welcome and Introduction of Guests C. Approval of Agenda (ACTION) D. Minutes (ACTION)

E. Financial/Budgetary Items 1. Financial Statements for March 2017 (ACTION)

II. Legislative & Rule-Making Items A. Rules Approved by Rules Review Commission at April 20, 2017, Meeting (FYI) B. Legislation Regarding Occupational Licensing Boards (FYI)

III. National Organization Items IV. State & Local Organization Items V. Request for Declaratory Ruling VI. Committee Reports A. Professional Standards (ACTION) B. Professional Education and Applications (ACTION) VII. Public Comments VIII. Executive Staff and Legal Counsel Report A. Strategic Plan Update (FYI) B. Monthly Executive Report IX. Closed Session X. Adjournment

PUBLIC SESSION MINUTES North Carolina State Board of CPA Examiners

March 22, 2017 1101 Oberlin Road Raleigh, NC 27605

MEMBERS ATTENDING: Michael H. Womble, CPA, President; Wm. Hunter Cook, CPA, Vice President; Jeffrey J. Truitt, Esq., Secretary-Treasurer; Murchison (“Bo”) Biggs, CPA; Cynthia B. Brown, CPA; Justin C. Burgess; and L. Samuel Williams, Jr., CPA.

STAFF ATTENDING: Robert N. Brooks, Executive Director; David R. Nance, CPA, Deputy Director; Frank Trainor, Esq., Staff Attorney; Lisa R. Hearne, Communications Manager; Jean Marie Small, Professional Standards Specialist; Kelly Goehl, Professional Standards Assistant; and Noel L. Allen, Esq., Legal Counsel.

GUESTS: Sharon Bryson, CEO, NCACPA; and Sergeant J.A. Stokes, Raleigh Police Department.

CALL TO ORDER: President Womble called the meeting to order at 1:00 p.m.

MINUTES: The minutes of the February 20, 2017, meeting were approved as submitted.

FINANCIAL AND BUDGETARY ITEMS: The February 2017 financial statements were accepted as submitted.

ELECTION OF 2017-2018 OFFICERS: Messrs. Biggs and Williams moved to nominate and elect Wm. Hunter Cook for President, Cindy B. Brown for Vice President, and Jeffrey J. Truitt for Secretary-Treasurer for 2017-2018. Motion passed with seven (7) affirmative votes.

RESOLUTION: Mr. Truitt and Ms. Brown moved for the Board to thank Mr. Womble for the excellent job of serving as President of the Board for 2015-2016 and 2016-2017. Motion passed with (7) seven affirmative votes.

LEGISLATIVE AND RULE-MAKING ITEMS: Mr. Brooks shared several bills introduced in the Legislature regarding occupational licensing boards which will need to be followed.

NATIONAL ORGANIZATION ITEMS: Mr. Brooks reported on the attendance of staff at the NASBA Executive Director and Legal Counsel Conference held March 14-16, 2017, in New Orleans, LA.

ITEM I-D

Public Session Minutes March 22, 2017

Page 2

Mr. Brooks provided a copy of the annual letter from NASBA, Prometric, and AICPA regarding the Uniform CPA Examination fees charged by NASBA, Prometric, and AICPA through 2018 and 2019. STATE AND LOCAL ORGANIZATION ITEMS: Mr. Brooks reminded the Board of the schedule for the Joint Dinner and Issues & Eggs Breakfast with the NCACPA. REPORT OF THE PROFESSIONAL STANDARDS COMMITTEE: Mr. Cook moved and the Board approved the following recommendations of the Committee: Case No. C2016240-1 and Case No. C2016240-2 – Gerald M. Schuetz and Gerald M. Schuetz, CPA, PLLC – Approve the signed Consent Order (Appendix I). Case No. C2016229-1 and Case No. C2016229-2 – Rudolph H. Clark, Jr. and Rudolph H. Clark, Jr., CPA - Approve the signed Consent Order (Appendix II). Case No. C2017050 – Close the case without prejudice. REPORT OF THE PROFESSIONAL EDUCATION AND APPLICATIONS COMMITTEE: Mr. Biggs moved and the Board approved the following recommendations of the Committee: Transfer of Grades Applications - The Committee recommended that the Board approve the following: Jeffrey Douglas Gabriel Jeffrey Robert Hallen Mary Catherine Philipps

Courtney Michelle Scurry Paul Dominick Sodano Staci Alicia Vo

Original Certificate Applications - The Committee recommended that the Board approve the following: Christa Ann Allen Carissa Rose Antoniou-Davis Caroline Lea Auten Stephen Luke Belch Ross Edward Benjamin Jeffery David Berrier Phillip Thomas Braverman Jacqueline Tao Brody Elizabeth Noel Brown Michelle Lea-Ann Denning Stephen Graham Duncan

Scott Jeffrey Essick Margaret Ashley Finch Shawn Lee Fitzgerald Steven Michael Furman Jeffrey Douglas Gabriel Christopher Anthony Ganzon Eric Gregory Graham Thomas Nash Greene John Edward Gudauskas, Jr. Rebecca Eastman Gurganus Jeffrey Robert Hallen


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Morgan Elizabeth Hess Donna Lynne Horne Emily Ann Kentfield Joseph Michael Kerrigan Jeremy David Kryn Sherry Hetherington Lafon Lucas Alan Landon Giovanni Emilio Leon Thomas Dauer Lewis Brooke Denise Lisson Peter Christian Lovekamp Joshua Scott Lyons Karen Elizabeth McCall Matthew Gregory McDowell Daniel Paul Michael Allison Marie Michaud Daniel Robert Michiels Jason Bradley Morgan Donna Marie Multerer Baseemah El-Amin Nance Ryan Lloyd O’Neal Rachel Maria Parrish Dipali Maganbhai Patel

Mark Jordan Perlberg Leah Diahann Perry Mary Catherine Philipps Luis Alberto Puentes Ellen Holbein Rockefeller Joseph Mitchell Rosasco Elizabeth Grey Ross Edwin Trey Sasser Courtney Michelle Scurry Paul Eugene Seifert Paul Dominick Sodano Sarah Frances Spohr Staci Alicia Vo Patrick Lawrence Walsh Shelby Leigh Webb BreAnn O’Neal Weeda Patricia Leigh Weekley Taylor Alexandra Wilk Allison Marie Williams Tyler Jamison Williams Sarah Clontz Willis Sommer Ann Zusin

Staff reviewed and recommended approval of the original application submitted by James William Parsons. Mr. Parsons failed to disclose pertinent information with his exam application but provided it with his certificate application. Staff recommended approval of the application with a one-year probationary period. The Committee recommended that the Board approve staff recommendation. Staff reviewed and recommended approval of the original application submitted by Aaron Michael Olive. Mr. Olive failed to disclose pertinent information with his exam application that was subsequently expunged but provided it with his certificate application. Staff requested Committee guidance. The Committee recommended that the Board approve the application with a one-year probationary period. Reciprocal Certificate Applications - The Committee recommended that the Board approve the following: Hannah Leigh Anderson Brian Vincent Bass Christine Mary Bedson Michael David Crittenden, II

Vicky Lynn Enox James Lee Kent, Jr. Michael Lawrence Kuhn Meagan June Massey


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Anthony T. Nash Courtney Anne McDowell Rogers

Michael Joseph Sherman Chandra Rekia Tripp

Temporary Permits - The Committee recommended that the Board approve the following temporary permits that were approved by the Executive Director: Maria Adele Williamson, T9678 David William McGarry, T9679 Thomas William Devine, T9680 Jessica Diaz, T9681 Shelly Ann Guzzetta, T9682 Mary Etta Hall, T9683 Latonya Danelle Montford, T9684 Corrin Vassey O’Brien, T9685 Lori J. Nurse, T9686 Edwin Joseph Buehner, T9687 John Van Hinson, Jr., T9688 Jeffrey Michael Moncrief, T9689 John Hunter Kennedy, T9690 Lindsey Nicole Monek, T9691 Harriett Gray, T9692 Charles Earl Bailey, T9693

Mukesh Shewak Pursnani, T9694 Oyinade Taylor, T9695 Frederick Michael Deeb, T9696 Robert William Del Riego, T9714 Tammy Ruggiero Allman, T9715 Kasey Lynn Harris, T9716 Corey Palmer, T9717 Lynsi Morgan Matthews, T9718 April Elizabeth Baird, T9719 Justin David Gambill, T9720 Eric Peter Llorey, T9721 Carol Ann Smith, T9722 Robb Morrow Kiley, T9723 Mitali Harsh Vasavada, T9724 Kamal Prakash Manik, T9725

Reinstatements - The Committee recommended that the Board approve the following: Dale Richard Carpenter, #27079 Matthew Scott Giedd, #35335 Jason Wayne Grooters, #31448 Roy Albert Rumbough, Jr., #17886

James Harold Schwandt, #15644 Lisa Ann Silvers, #25888 Russell Wayne Travison, #8221

Reissuance of New Certificate - The Committee recommended that the Board approve the following applications for reissuance of new certificate: Daniel Kenneth Haddon, #34984 Kevin Michael Madden, #18616 Reissuance of New Certificate and Consent Agreement - The Committee recommended that the Board approve the following application for reissuance of new certificate and consent agreement submitted by: Frances Lynne Jones Parsons, #15497 Jeffrey Ray Watkins, #24216

Michael Ervin Westmoreland, #14909 Mi Zhou, #36873


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Firm Registrations - The Committee recommended that the Board approve the following professional limited liability companies that were approved by the Executive Director: Cziraki CPA, PLLC Lynn Fitch Furgurson, PLLC

JL Jones CPA, PLLC Ilona W. Page, CPA, PLLC

Extension Requests - The Committee deferred extension requests from the following individuals and requested that staff obtain additional information: George Glenn Adams, #3652 Joann K. Phillips, #20977 Letter of Warning - Staff reviewed the random CPE audit submitted by Bobby Brian Dunn, #30588 that listed 2015 CPE taken between January 1 and June 30, 2016, without an approved extension. Staff recommended a Letter of Warning for a first offense pursuant to 21 NCAC 08G .0406(b)(1). The Committee recommended that the Board approve staff recommendation. Examinations –The Committee recommended that the Board approve the following staff-approved applicants to sit for the Uniform CPA Examination: Mariam Abebe Yuri Ahn Ebony Aiken Jennifer Allen Jack Anderson Megan Archey Shahin Bahadori Tasha Barnes Kyra Beam Duncan Belo Ronald Bentley Rachel Besnoff Tyler Betts Kara Biroldi Catrina Blazer Lauren Bolusky Brigitte Borucki Cameron Bowen Robert Bright Kristin Brigman Jessica Brinkmann Kaitlin Brown Shannon Brown

Jeanna Bryan Andrew Bryson Ryan Burke Amelia Byrd Sarah Cacciabaudo Brendan Cash Maitland Chase Yusen Chen Isaac Church Adam Clayton Melanie Clyburn Kevin Collins Lauren Collins Brian Combs Antonio Corza Christopher Cox Patrick Crawford Shaneilia Davenport Cody Davidowski Chrissi Davis Leland Davis Matthew Davis Richard Dawson


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Jonathan De Asis Monica Deguzman Wesley Doble Christiansen Doucet Lillian DuBlina Carrie Dufresne Stewart Dula Sallie Dusenbury Kelsey Elggren Meghann Ferguson Hawkins Rebecca Filion Chelsea Forman Elizabeth Friss Derek Gallello Ruben Garratt Brandon Godwin Heather Gray Valerie Greene Emily Griffin Morton Gurley Geoffrey Haigler Tariq Hamed Mallory Hammett Arben Hankollari Nathaniel Harnden Austin Harris Benjamin Harrison Autumn Hartwick Kaitlyn Hastings Maura Hickson Jessica Hilgoe Brian Hillsinger Amanda Holland Mark Horsch Noah Huffstetler Marcus Hughes Natalie Hunt Laura Isaacs Melissa Jackson Lacie Jacobs Kimoi James Stacy James LaShawn Jarrell

Shannon Jewett Yining Jiang Cindy Jones Jonathan Kim Gregory Kindley Collin King Kieran Kinnare Ian Klemons Anne Knollmann Matthew Knott Austin Koplan Karla Lancaster Austin Lee Travis Lowman Mark Loyd Jonathan Ludewig Alison MacKay Patricia Mann Daryl Mapson John Martin Mary McCarthy Morgan McElwee John McGrotha Sophia McKinnon Aiesha McLeod Addis Melesse Nora Merriman Peyton Miller Mollie Mitchell Andre Monitto Hona Moore Alan Morrison Sara Morrison Trenton Mosley Stacy Mroz Megan Murphy Taylor Murphy Mary Murwin Kimtram Nguyen Sarah Nicholls Brittany Noles Zachary Nutter Tara Odum


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Ademola Oloyede-Asanike Margaret Orr Emilia Ortiz Solomon Osei Bonsu William Perrault Cecilia Peters Olivia Petkau Tyler Pratt Courtney Privette Emily Prutzman Tram Quach Darius Ramsey Brian Renegar Ashley Reynolds Sarah Rhodehamel Caroline Ricciarelli Richard Richards Myranda Riggsbee Bemjamin Roberts Lawonder Roberts Hilarie Rodenhizer Roberto Rosario Jessica Ross Raj Saroha Payton Sartin Landon Savino Abdulrahman Sawaneh Reyna Sawyer Amanda Scott Hannah Seipel Elizabeth Senczy Logan Senelis-Jose Maggie Shaffer Erin Shepard James Shoemaker

Cameron Smith Conor Smith Jonathan Smith Keegan Smith Kevin Snow Victoria Sorkin Amanda Sosebee Anna Sossaman Casey Stallard Elias Stergiou Nathanael Stoermann Michael Surles Wesley Sweigart Jordan Thomas Ratese Thomas Danielle Thompson Jamie Thornburg Taylor Tibbs Meredith Timberlake Peter Tomasiello Joshua Troxell Dulce Urquiza Sarah Vipperman Deondra Weathers Rachelle Westbrook Sarah Westwood Brent Williams Sarah Williams Jay Wilson Michael Wood Jun Xiong Haopeng Yan Justin Young Samuel Young

REPORT OF THE AUDIT COMMITTEE: Mr. Cook reported that the Audit Committee had met and reviewed the RFPs received for the Board audit. Mr. Cook moved and the Board approved retaining the firm of Bernard Robinson & Company, LLP, to perform the annual Board audit, with the option for renewal for three years. Motion passed.


Page 8

CLOSED SESSION: Mr. Biggs and Ms. Brown moved to enter Closed Session to discuss the report from the Personnel Committee with the Executive Staff and Noel L. Allen, Legal Counsel. Motion passed. PUBLIC SESSION: Messrs. Cook and Biggs moved to re-enter the Public Session to continue with the agenda. Motion passed. REPORT OF THE PERSONNEL COMMITTEE: Mr. Biggs moved to approve the recommendations of the Personnel Committee for employee compensation for 2017-2018. Motion passed EXECUTIVE STAFF AND LEGAL COUNSEL REPORT: Messrs. Nance and Brooks gave an update on the Strategic Plan regarding an operational metrics report. ADJOURNMENT: Messrs. Cook and Womble moved to adjourn the meeting at 2:32 p.m. Motion passed. Respectfully submitted: Attested to by: Robert N. Brooks Wm. Hunter Cook, CPA Executive Director President

Org 2017 2016Mth # #

April 97 97May 85 78June 110 77July 74 66Aug 85 52Sept 83 51Oct 60 64Nov 104 62Dec 115 139Jan 129 121Feb 58 101March 67 92

Org 2017 2016Mth Sum Sum


Exam Applications

Exam Applications

NC State Board of CPA ExaminersMonthly and Year-to-Date Operational Metrics

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Original Exam Applications - Monthly

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Original Exam Applications - Yr to Date

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FY2016

ITEM VIII-A

Re-Ex 2017 2016Mth # #


Re-Ex 2017 2016Mth Sum Sum



Exam Applications

Exam Applications

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License Applications


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Reciprocal CPA License Applications - Monthly

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2017 2016Mth Sum Sum



Firm Registration

Firm Registration

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Prf Stds Cases

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ITEM VIII-B

EXECUTIVE STAFF REPORT March 2017

AICPA Board of Examiners (BOE) Conference Call: On March 3, Bob and David participated in the telephone conference call for Board members and Executive staff regarding the January 2017 BOE meeting. Breakfast with the NCACPA: Bob and David had their monthly breakfast meeting with Sharon Byson and Mark Soticheck on March 10. NASBA Executive Director and Legal Counsel Conference: Bob, David, Lisa, Buck, Felicia, and Phyllis attended the Executive Director portion of the conference. Frank attended and made a presentation to the attorneys at the Legal Counsel portion of the conference. The conference was held March 14-16 in New Orleans, LA. NCACPA Board Meeting: On March 23, Bob and David attended the NCACPA Board meeting at the NCACPA headquarters in Morrisville. NASBA Compliance Assurance Committee Peer Review Video Conference: On March 27, Bob and David participated in the two-hour video conference for Executive Directors and staff regarding the current AICPA exposure draft on the Evolution of Peer Review. Administrative Law Council Meeting: On March 30, Frank attended a Council meeting at the State Bar. Administrative Law Section Meeting of the State Bar: Frank attended the meeting of the Administrative Law Section on March 31.

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